Can anyone help clarify something for me. Royal Navy Pay Scales 2019 - 2020 - Armed Forces - RN Officers Pay - Armed Forces Pay Review Body -Forty Eighth Report 48th 2019 Rates - Other Ranks Pay Rates - Royal Naval 2019 Pay Review - How much do Royal Navy get paid, Royal Marines Pay Scales 2018 - 2019 - includes 0.9% bonus Glassdoor is your resource for information about Royal Navy benefits and perks. All paid service counts towards pension. Learn about Royal Navy, including insurance benefits, retirement benefits, and vacation policy. Information on pension schemes available to current and former members of the armed forces, depending on when they served. The salaries, benefits and pensions for serving and former RN personnel amount to a significant cost, making naval budget manpower cuts an attractive naval option for the Treasury. Was awarded pension on leaving and commuted part of it. If you dont mind being away for four months then this could be the career for you. Armed Forces Pension Scheme 1975 (AFPS 75) which closed to new entrants from 6 April 2005. All paid service counts towards pension. 7d. Royal Navy personnel may come from all walks of life, but they are united by one thing: a commitment to protecting our nation’s interests, no matter what. ARMED FORCES PENSION SCHEME - UPRATING OF 2015/2016 TRI SERVICE REGULARS BENEFITS 1 I am directed to inform you that the existing rates of Service Retired Pay and Pensions, Service Invaliding Retired Pay and Pensions, Service attributable Retired Pay and Pensions, certain Gratuities and Resettlement Grants have been revised. The 2010 defence review required the Royal Navy to reduce its personnel numbers from 36,000 down to around 31,000. This document from the Forces Pension Society explains the significance of the State Pension to leavers of the Armed Forces. Armed Forces Pension Scheme 2015 Glassdoor is your resource for information about Royal Navy benefits and perks. I cannot find anywhere online where the latest armed forces pensions rates are published, save for a page on National Archives, which stated that a full career pension for OR6 in 2012 would be £16K+. Pros. Royal Navy Pensions Pensions, Annuities & Retirement Planning. Skills & Disciplines The Royal Navy is a highly skilled multi-disciplinary team and together we protect the nation's interest. Benefits information above is provided anonymously by current and former Royal Navy employees, and may include a summary provided by the employer. a year, and in the capacity of inferior petty officer 7s. Almost all Service personnel were automatically transferred to this scheme on 1 April 2015. ... always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service.